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207 W Garfield Ave

Garipian Chnar Acquires MultiFamily Property At 207 W Garfield Ave From Jaime Roberts For $2.4M
SOLDMultiFamily

Garipian Chnar Acquires MultiFamily Property At 207 W Garfield Ave From Jaime Roberts For $2.4M

207 W Garfield Ave

$2,400,000

$361/SF

Building Size

6,638 SF

Asset Type

MultiFamily

Closing

Jun 17, 2021

AI

The property asset involved in the transaction is located at 207 W Garfield Ave in Glendale, categorized as a MultiFamily asset. The sale price for this property was $2,400,000.00, and it encompasses a total square footage of 6,638.0 SF.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $2,400,000.00
  • Address: 207 W Garfield Ave
  • Market: Glendale
  • Square Footage: 6,638.0 SF
  • Buyer: Garipian Chnar
  • Seller: Jaime Roberts
  • Brokers: Chase Simonton - Re/Max, Laura Fallieras, David Nalbandyan

Key individuals in this deal include the buyer, Garipian Chnar, and the seller, Jaime Roberts. The brokers representing the transaction are Chase Simonton from Re/Max, Laura Fallieras, and David Nalbandyan.

Players

David Nalbandyan

Broker

$14.1M

vol

3 deals

Broker

Garipian Chnar

Buyer
Buyer

Jaime Roberts

Seller
Seller

Glendale MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93